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| Category | Company |
|---|---|
| Founded | 2007 |
| Sector | Energy Services and Equipment |
| Employees | 1,900 |
| Revenue | 1.4B USD (2024) |
ProPetro is an oilfield services company that provides hydraulic fracturing and other complementary services to upstream oil and gas companies engaged in the exploration and production, or E&P, of North American unconventional oil and natural gas resources. The Company's operations are primarily focused in the Permian Basin, where ProPetro has cultivated longstanding customer relationships with some of the region's most active and well-capitalized E&P companies, including Callon Petroleum, Diamondback Energy, Parsley Energy, Pioneer Natural Resources, Surge Energy and XTO Energy. ProPetro was founded in 2007 and is based in Midland, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Energy Services and Equipment M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Texas M&A | 3 of 3 |
| Country: United States M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-04 |
Par Five
Artesia, New Mexico, United States Par Five specializes in cementing services in the Delaware Basin and owns and manages more than 14 cementing spreads servicing leading oil and gas producers in southeastern New Mexico. Par Five is based in Artesia, New Mexico. |
Buy | - |
